April 4, 2022 • 2 mins
People are being warned to expect more rises to mortgage interest rates.
Kiwibank has lifted its standard 5-year home loan rate to 6.79 percent, the highest since 2014.
Umbrella Company mortgage advisor, Sara Hartigan, says as a country, we've been conditioned to very low interest rates but it's not going to stay like that.
She told Kate Hawkesby there are many things affecting interest rates, such as the pandemic, the war in Ukraine, and high inflation.
Hartigan says it's time people started paying attention to that awful B word - budget - and started thinking about the future.
LISTEN ABOVE
Kiwibank has lifted its standard 5-year home loan rate to 6.79 percent, the highest since 2014.
Umbrella Company mortgage advisor, Sara Hartigan, says as a country, we've been conditioned to very low interest rates but it's not going to stay like that.
She told Kate Hawkesby there are many things affecting interest rates, such as the pandemic, the war in Ukraine, and high inflation.
Hartigan says it's time people started paying attention to that awful B word - budget - and started thinking about the future.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Mark as Played
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!